Goodman to sell five Chch sites to help fund up to $150 mln of new developments

Wed, 26 Aug 2015

By Suze Metherell Aug. 26 (BusinessDesk) - Goodman Property Trust has put five of its Christchurch sites up for sale as the listed property investor embarks on up to $150 million worth of new development. The Auckland-based investor wants to sell three buildings at its Glassworks Industry Park in Hornby and another two at the Show Place Office Park in Addington, said Colliers International, which is managing the sales. As at March 31, Goodman's Glassworks industrial site was valued at $52.4 million, and the Show Place offices site was wo...

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